ProSport CPA Joins the CRI Family of Companies—Elevating Athlete and Entertainer Tax Services to New Heights

01 August 2024

ENTERPRISE, AL – Carr, Riggs & Ingram (CRI) CPAs and Advisors, a top 25 national accounting and advisory firm, is pleased to announce the addition of ProSport CPA to CRI's Family of Companies. This strategic addition underscores CRI's commitment to expanding its specialized tax and accounting services to cater to the unique needs of professional athletes and entertainers.

ProSport CPA, headquartered in New Kent County, Virginia, has established itself as a leader in tax and accounting services within the sports and entertainment niche. Known for its comprehensive approach to multi-state and international tax compliance, ProSport CPA's expertise is now combined with CRI's robust national presence to provide unparalleled tax and accounting services.

"Joining the CRI family enables us to leverage a vast network of resources while continuing to provide the high-quality boutique service our clients value. This collaboration not only extends our service capabilities but also positions us to better handle the increasingly complex tax, accounting, and business management needs of our elite clientele in the world of sports and entertainment—Game On!" said John Karaffa, DBA, CPA/PFS, CFP^®, Chief Executive Officer of ProSport CPA.

Allan D. Koltin, Chief Executive Officer of Koltin Consulting Group, who advised both firms on the merger, commented, “John Karaffa and his team are recognized as top-tier tax advisors nationwide, serving professional athletes across all major sports. This union with CRI is a significant gain, instantly positioning them on the competitive ‘playing field.’ ProSport CPA, sought after by many leading firms, chose CRI for its compatible culture and promising growth opportunities for its staff. This alliance not only strengthens their capabilities but also expands the expertise and resources available to ProSport CPA’s clientele.”

Bill Carr, Managing Partner of CRI's Family of Companies, added, "Integrating ProSport CPA into the CRI Family of Companies marks a pivotal expansion of our specialized services for the sports and entertainment sectors. ProSport CPA brings a wealth of specialized knowledge that complements our existing services, positioning us uniquely to address the sophisticated needs of our clients and set new standards in the industry."

Over the past 25 years, CRI has evolved to meet the growing and diverse needs of its clients by incorporating a broad range of specialized portfolio companies such as Auditwerx, CRI Advanced Analytics, CRI Capital Advisors, CRI Simple Numbers, CRI TPA Services, Level Four^® Advisory Services, Paywerx, and The Preferred Legacy National Trust Bank. These portfolios synergize to provide comprehensive, holistic advice and services, ensuring a tailored approach to each client’s financial health.

For more information about the services offered and the benefits of this merger, please visit CRIcpa.com and ProSportCPA.com.

About Carr, Riggs & Ingram, LLC

CRI is a CPA and advisory firm located in 35+ markets throughout Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. CRI's industry specializations include construction, government, banking/financial institutions, healthcare, insurance, not-for-profit, manufacturing, and distribution. CRI offers traditional and specialized services, including audit and assurance, business outsourcing and support, forensic accounting, IT auditing, retirement plan auditing, SEC compliance, business valuation, tax planning, and trusts and estates work. Additionally, CRI's portfolio companies deliver service organization control (SOC) reports, data analytics, investment banking, retirement administration services, business consulting, wealth management, payroll management, and trust and estate services. CRI is a top 25 nationally ranked accounting firm. For additional information, please visit CRIcpa.com.

About ProSport CPA

Located in New Kent County, Virginia, ProSport CPA offers personalized tax preparation, accounting, and business management services tailored for professional athletes and entertainers. Dedicated to maximizing wealth and ensuring compliance with tax laws, ProSport CPA is trusted by clients and their advisory teams across all major sports leagues and the entertainment industry. Discover why they are The Tax Pro for the Pros® at ProSportCPA.com.